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GTC MARKETS -

Score

1.48 /10
Danger

GTC MARKETS

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

https://www.gtcmarkets.com

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.79

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GTC MARKETS

Company Abbreviation

GTC MARKETS

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
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GTC MARKETS · Company summary
GTC MARKETSReview Summary
Founded2019-03-02
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsIndices, Cryptos, Crude Oil, Gold
Demo AccountNot mentioned
LeverageNot mentioned
SpreadFrom 0 pips
Trading PlatformMT4(Desktop/Android/iOS/Web)
Min Deposit$50
Customer SupportEmail: info@unitforex.com
Online Chat

GTC MARKETS Information

GTC MARKETS is a broker. The tradable instruments include indices, cryptos, crude oil, and gold, while the four account types are Standard, ECN, Premium, and Pro. The minimum spread is from 0 pips and the minimum deposit is $50. GTC MARKETS is still risky due to its unregulated status, unclear costs and bad reviews about difficulty withdrawing money.

GTC MARKETS Information

Pros and Cons

Pros Cons
MT4 availableUnregulated
Spread as low as 0 pipsOfficial website closed
Various tradable instrumentsNot 24/7 customer support
Commissions and other information fees unclear
Negative feedback from traders

Is GTC MARKETS Legit?

GTC MARKETS is not regulated, which makes it less safe than regulated brokers.

Is GTC MARKETS Legit?
Is GTC MARKETS Legit?

What Can I Trade on GTC MARKETS?

Traders can choose different investment directions because the broker provides indices, cryptos, crude oil, and gold.

Tradable Instruments Supported
Indices✔
Cryptos✔
Crude Oil✔
Gold✔
Precious Metals❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on GTC MARKETS?

Account Type

GTC MARKETS has four account types: Standard, ECN, Premium, and Pro. Traders who want low spreads can open an ECN or Pro account, while those wanting low deposits can choose a standard account.

Account Type StandardECNPremiumPro
Minimum deposit$50$200$100$15000
SpreadFrom 1.8 pipsFrom 0 pipsFrom 1.8 pipsFrom 0 pips
Smap-FreeYesYesYesYes
CommissionNoNoNoNo
Account Type

GTC MARKETS Fees

The minimum spread is 0 pips and the spread of EUR/USD is 0.1 pips, while the commission is not specific.

GTC MARKETS Fees

Trading Platform

GTC MARKETS has an authoritative MT4 for Desktop, Android, iOS, and Web.

Trading PlatformSupported Available Devices
MT4✔Desktop/Android/iOS/Web
Trading Platform

Deposit and Withdrawal

The minimum deposit is $50. GTC MARKETS offers multiple deposit and withdrawal methods, including Skrill, VISA, MasterCard, and Bitcoin Wire. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Customer Support Options

GTC MARKETS provides 24/5 live support, and traders can contact the broker via email.

Contact Options Details
Email info@unitforex.com
Online Chat ✔
Social Media Facebook, Twitter, Instagram, Telegram
Supported Language English
Website Language English
Physical Address Not mentioned
Customer Support Options

User Reviews

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User comment

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Comments

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EDITRT
more than one year
I'm pleased to have stumbled upon GTC MARKETS during my internet search. The professionalism and knowledge displayed by GTC MARKETS are commendable. I haven't encountered any major issues, and assistance is readily available. Everything is explained in a language that I, as a beginner, can understand.
I'm pleased to have stumbled upon GTC MARKETS during my internet search. The professionalism and knowledge displayed by GTC MARKETS are commendable. I haven't encountered any major issues, and assistance is readily available. Everything is explained in a language that I, as a beginner, can understand.
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2024-01-10 18:56
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